GHP Investment Advisors Inc. Invests $44,000 in Invesco Dorsey Wright Technology Momentum ETF $PTF

GHP Investment Advisors Inc. bought a new position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 650 shares of the company’s stock, valued at approximately $44,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Red Tortoise LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the second quarter valued at $27,000. MAI Capital Management lifted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 336.3% during the first quarter. MAI Capital Management now owns 541 shares of the company’s stock valued at $32,000 after purchasing an additional 417 shares in the last quarter. AE Wealth Management LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the first quarter valued at $40,000. SVB Wealth LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the first quarter valued at $57,000. Finally, Jones Financial Companies Lllp lifted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 29.0% in the first quarter. Jones Financial Companies Lllp now owns 2,203 shares of the company’s stock valued at $130,000 after acquiring an additional 495 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

PTF stock opened at $78.28 on Wednesday. Invesco Dorsey Wright Technology Momentum ETF has a fifty-two week low of $49.57 and a fifty-two week high of $84.05. The business’s 50-day moving average is $75.72 and its two-hundred day moving average is $69.11. The company has a market cap of $397.66 million, a price-to-earnings ratio of 32.05 and a beta of 1.49.

Invesco Dorsey Wright Technology Momentum ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a $0.0083 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $0.03 annualized dividend and a dividend yield of 0.0%.

Invesco Dorsey Wright Technology Momentum ETF Profile

PowerShares Dynamic Technology Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Technology Sector Intellidex Index (the Index). The Index consists of stocks of the United States technology companies. These are companies that are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.